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The entry of SpaceX as a low-cost EELV* competitor won't help either. Making matters worse will be Falcon 9 Heavy.
* Evolved Expendable Launch Vehicle
Space News....
* Evolved Expendable Launch Vehicle
Space News....
Arianespace Needs Aid To Avoid Loss in 2010
PARIS — Europe’s Arianespace commercial launch consortium on Jan. 4 said revenue for 2010 dropped by about 10 percent compared to 2009 and that the company will report a loss unless it receives requested financial aid from European governments.
The Evry, France-based company conducted six launches of its heavy-lift Ariane 5 rocket in 2010, down from seven in 2009, and this is the main reason for the revenue drop, to slightly more than 900 million euros ($1.2 billion), in 2010.
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PARIS — Europe’s Arianespace commercial launch consortium on Jan. 4 said revenue for 2010 dropped by about 10 percent compared to 2009 and that the company will report a loss unless it receives requested financial aid from European governments.
The Evry, France-based company conducted six launches of its heavy-lift Ariane 5 rocket in 2010, down from seven in 2009, and this is the main reason for the revenue drop, to slightly more than 900 million euros ($1.2 billion), in 2010.
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